Grocery & Convenience Retail
For Sale
Contact for pricing
210 9th St, Glassport, PA 15045
For sale retail property operating as a grocery and convenience store with a stated 6.75% CAP.
Property Size14,648 SF
Price / SF$165.82
Days on Market231
Property Features for 210 9th St
General Information
Standard status
Active
Size
14,648 SF
Total Parking Spaces
64
Property subtype
Retail
Zoning
C
Occupancy
100%
Lease Type
NN
Net Operating Income
$170,000
Building Details
Year Built
2006
Tenancy
Single
Listing Agency:
SRS Real Estate Partners
Listed By:
Andrew Fallon · License #VA 0225193951
(703) 787-4733
Source:
Crexi
Added: Mar 9
Changed: Oct 25
Last Checked: Oct 24 at 4:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail property is configured for a grocery and convenience store and is presented as an income-focused offering with a stated 6.75% CAP. The building totals 14,648 square feet.
The property is located at 210 9th St in Glassport, Pennsylvania (15045). It is offered for sale at an asking price of $2,519,000.
The listing data supports the property’s current retail grocery/convenience use and highlights its investment return metric, along with the overall building size.
The property is located at 210 9th St in Glassport, Pennsylvania (15045). It is offered for sale at an asking price of $2,519,000.
The listing data supports the property’s current retail grocery/convenience use and highlights its investment return metric, along with the overall building size.
Key Highlights
- Retail property built in 2006
- Total building size: 14,648 SF
- Operating as a grocery and convenience store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,722
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,414,440
$3.4M
Cap Rate 7%
$2,438,886
$2.4M
Cap Rate 9%
$1,896,911
$1.9M
Market Conditions
NOI Build-Up for 14,648 SF
Gross rent
$263.7K $18.00/SF
− Vacancy
−$19.8K −$1.35/SF
EGI
$243.9K $16.65/SF
− OpEx
−$73.2K −$5.00/SF
NOI
$170.7K $11.66/SF
Area
Allegheny County, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,414,440
Cap Rate 7%
$2,438,886
Cap Rate 9%
$1,896,911
Alternative Uses
Best Use
Retail
$2.44M
$2.13M – $2.85M
NOI $170,722 @ 7.0% cap · market cap 7.03%
Second Best
Specialty Retail
$2.08M
$1.82M – $2.42M
NOI $145,279 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$3.73M
$3.26M – $4.35M
NOI $261,175 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
7,618 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,531 visits/mo
0.2 miles
Exxon
Shops & Services
3,028 visits/mo
0.5 miles
Huntington Bank
Shops & Services
1,446 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
839 visits/mo
0.2 miles
Demographics for 15045, PA
4,475
Population
2,121
Households
2.1
Avg Household Size
40
Median Age
12%
College-Educated
87%
High-School Grad
1.6 sq mi
ZIP Area
2,797
Density / Sq Mi
$45,354
Median Household Income
$29,941
Median Earnings
$844
Median Rent
$82,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- ATM (Clairton Shell) — 1405 N State St, Clairton, PA 15025
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - For sale retail property operating as a grocery and convenience store with a stated 6.75% CAP.
Where is this grocery and convenience store located?
The property is located at 210 9th St Glassport, PA.
What is the asking price?
The asking price for this property is $2,429,000.
What are key features of this property?
This property features: Retail property built in 2006; Total building size: 14,648 SF; Operating as a grocery and convenience store
